Hokuriku Electric Power Q1 FY27 profit attributable to owners falls 20.7% to JPY 22.2 billion; revenue rises 7% to JPY 199 billion

• Hokuriku Electric Power’s Q1 operating profit fell 26.7% year on year to JPY 26.6 billion under Japanese GAAP.
• Operating revenues rose 7% to JPY 199 billion, while profit attributable to owners of parent dropped 20.7% to JPY 22.2 billion.
• Ordinary profit declined 18.8% to JPY 29.2 billion; basic earnings per share slid to JPY 106.26 from a year earlier.
• The company maintained its FY2027 forecast for operating revenues of JPY 760 billion and profit attributable to owners of parent of JPY 25 billion.
• Dividend outlook was unchanged, with a FY2027 forecast annual payout of JPY 25 per share.

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